Sr Advisor Commodity Market Risk US

Oil Authority; Houston (TX); On-site; USD 98,000 - 128,000; Full time

Benefits offered by this job

Flexible benefits program

Parental leave

Retirement with company stock

Paid time off and holidays

Employee assistance program

Wellness program

FlexWork hybrid option

Job summary

Enbridge in Houston, TX is seeking a Sr Advisor Commodity Market Risk US to join the risk management team and deliver expert analysis across North American energy markets. You will lead daily risk analysis for US gas utility activities, manage MTM valuations, VaR, and open positions while reporting to leadership and ensuring policy compliance.

The role requires a strong quantitative background, Openlink/Endur experience, and collaboration with commercial, finance, and operations teams to

Qualifications

• Bachelor or higher degree in finance, economics, or related field.
• Minimum 6 years in commodity market risk management.
• Experience with MTM valuation, VaR, and risk reporting.
• Experience with Openlink/Endur or similar ETRM systems.
• Strong quantitative, analytical, and communication skills.

Responsibilities

• Lead daily market risk analysis, monitoring, and reporting for US gas utility activities and North American commodity portfolios.
• Produce risk reports and analyze day-to-day portfolio changes for leadership.
• Ensure compliance with risk policies and report non-compliance events.
• Support commercial teams on risk policy, valuation, and accounting treatment.
• Perform complex transaction modeling and valuation analyses in ETRM systems.
• Lead risk system enhancements, Power BI development, and data visualization initiatives.
• Evaluate new business opportunities and trading strategies to quantify and report market risk.

Skills

MTM valuation

Value-at-Risk (VaR)

Openlink/Endur

Transaction lifecycle analysis

Data analytics

Communication skills

Education

Finance/Economics/Math-related degree

Tools

Power BI

SQL

Python

Job description

At Enbridge, we are committed to delivering safe, reliable energy while advancing operational excellence, innovation, and sustainable growth. We are seeking a Sr Advisor Commodity Market Risk US to play a critical role in supporting our commodity risk management activities across North American energy markets. This position will provide expert risk analysis, valuation oversight, compliance support, and risk reporting for natural gas and other commodity portfolios. The successful candidate will partner closely with commercial, accounting, and operational teams to ensure market risks are accurately identified, measured, monitored, and communicated

What You Will Do:

• Lead daily market risk analysis, monitoring, and reporting for U.S. gas utility activities and North American commodity portfolios, including MTM valuations, VaR metrics, open positions, and management reporting.
• Produce timely and accurate risk reporting, investigate day-over-day portfolio changes, and provide meaningful analysis and insights to leadership.
• Ensure compliance with Enbridge Risk Policies and Procedures by identifying, investigating, documenting, and communicating non-compliance events.
• Support commercial teams throughout the transaction lifecycle by providing guidance on risk policy requirements, commodity valuation, and accounting treatment considerations.
• Perform complex transaction modeling, valuation analysis, testing, troubleshooting, and process improvements within Openlink/Endur or similar ETRM platforms.
• Lead and support strategic projects including risk system enhancements, Power BI development, process automation initiatives, and data visualization solutions.
• Evaluate new business opportunities and trading strategies to ensure market risks are identified, quantified, controlled, and appropriately reported.

Who You Are:

• University degree in Finance, Economics, Applied Sciences, Business, Mathematics, or a related discipline.
• Minimum 6 years of progressive experience in commodity market risk management, preferably within natural gas, power, or crude oil markets.
• Strong understanding of commodity risk concepts, including MTM valuation, Value-at-Risk (VaR), position reporting, risk controls, and scenario analysis.
• Proven experience with Openlink/Endur or comparable Energy Trading and Risk Management (ETRM) systems, including valuation, testing, and transaction lifecycle support.
• Advanced quantitative and analytical skills with the ability to evaluate complex transactions and communicate technical concepts to both technical and non-technical audiences.
• Strong interpersonal, communication, and collaboration skills with experience working across commercial, finance, accounting, and operational functions.

Preferred:

• Experience with Power BI, SQL, Python, or other data analytics and visualization tools is considered a strong asset.
• Professional designations such as CFA, FRM, ERP, MBA, or CA are

Working Conditions:

• Typical office environment, open trading floor concept setup.

Physical Requirements include but are not limited to:

Grasping, kneeling, light – moderate lifting (objects up to 20 pounds), reaching above shoulder, repetitive motion, typing, sitting, standing, visual requirement (able to see screens, detect color coding, read fine print), hearing requirement and the ability to sit at a computer for long periods of time.

Mental Requirements (Both Field & Office) include but are not limited to:

Ability to: understand, remember and apply oral and/or written instructions or other information, understand complex problems and collaborate/explore alternative solutions, organize thoughts and ideas into understandable terminology, organize and prioritize work schedule on a short-term basis, make decisions which have moderate impact on the immediate work unit and monitor impact outside this area, understand and follow basic instructions and guidelines, complete routine forms, compose letters, outlines, memoranda and basic reports and communicate with individuals via telephone.

Base Salary:

• Ranges from $98,000.00 – $128,000.00 USD for US locations based upon candidate’s experience, skills, and internal equity.
• Applicable compensation policies and guidelines apply to internal candidates.

Benefits:

• A flexible benefits program that allows each employee to select the level of coverage needed for their family in the areas of health, dental, insurance and disability.
• A paid maternity and parental leave benefit that offers up to 20 weeks of paid leave for birth-giving parents and up to 12 weeks for other eligible parents, providing flexibility and support during this important life event.
• Valuable retirement savings plans, including a savings plan with company stock as an investment option.
• Paid time off/vacation/sick, plus paid personal days off (depending on location), and paid holidays.
• An Employee and Family Assistance Program.
• A Wellness Program, which focuses on supporting healthier employees by providing tools, resources, and opportunities to improve physical, mental, social, and financial well-being.
• Enbridge’s FlexWork (hybrid work model) offers eligible employees (Manager and below) the option to work from home on Wednesdays and Fridays, opt for a compressed work week schedule, or have flexible start and end times. Role requirements determine your eligibility for each option.

Note* This position is not eligible for employment-based sponsorship now or in the future. Applicants must be legally authorized to work in the country where the position is located without requiring sponsorship from Enbridge now or in the future.

Enbridge is committed to using AI responsibly. AI may assist with certain recruiting activities, but it is not used to make employment decisions. All employment decisions are made by people.

At Enbridge, we are dedicated to our core value of Inclusion. We are proud to be an Equal Opportunity Employer. We are committed to providing employment opportunities to all qualified individuals, without regard to age, race, color, national or ethnic origin, religion, sex, sexual orientation, gender identity or expression, marital status, family status, veteran status, Indigenous status, disability, or any other reason protected by federal, state, or local law. Applicants with disabilities can request accessible formats, communication supports, or other accessibility assistance by contacting [e-mail].

To learn more about us, visit www.enbridge.com